Press Releases - Regulating Co-operative Banking - ଆରବିଆଇ - Reserve Bank of India
ପ୍ରେସ୍ ପ୍ରକାଶନୀ
ଅକ୍ଟୋବର 31, 2001
Western Co-operative Bank Ltd., Mumbai Licence Cancelled
The Reserve Bank of India has cancelled the licence of the Western Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is, therefore, precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V
The Reserve Bank of India has cancelled the licence of the Western Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is, therefore, precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V
ପିଡିଏଫ (
ଅକ୍ଟୋବର 13, 2001
RBI increases withdrawal limits for depositors of Benares State Bank Limited
The Reserve Bank of India has today partially modified its directive on Benares State Bank Limited. The modified directive now permits depositors to withdraw up to Rs. 2500 from savings bank or current account or any other deposit account. Depositors who have already withdrawn Rs. 1000 under the earlier directive will now be permitted to withdraw an additional Rs. 1500. It may be recalled that the Reserve Bank had, on September 25, 2001, issued a directive under Secti
The Reserve Bank of India has today partially modified its directive on Benares State Bank Limited. The modified directive now permits depositors to withdraw up to Rs. 2500 from savings bank or current account or any other deposit account. Depositors who have already withdrawn Rs. 1000 under the earlier directive will now be permitted to withdraw an additional Rs. 1500. It may be recalled that the Reserve Bank had, on September 25, 2001, issued a directive under Secti
ଅକ୍ଟୋବର 05, 2001
RBI cancels licence of Sitara Co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence of Sitara Co-operative Urban Bank Ltd., Baghlingampally, Hyderabad (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N. L
The Reserve Bank of India has cancelled the licence of Sitara Co-operative Urban Bank Ltd., Baghlingampally, Hyderabad (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N. L
ଅକ୍ଟୋବର 03, 2001
RBI rejects licence application of The Daltonganj Central Co-operative Bank Ltd.
The Reserve Bank of India has rejected the licence application of The Daltonganj Central Co-operative Bank Ltd., Daltonganj (Jharkhand) to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.
The Reserve Bank of India has rejected the licence application of The Daltonganj Central Co-operative Bank Ltd., Daltonganj (Jharkhand) to carry on banking business. The bank is precluded from transacting the business of ‘banking’ as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.
ଅଗଷ୍ଟ 01, 2001
RBI cancels licence of The Friends' Co-operative Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Friends' Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawal by cheque, draft, order or otherwise.P.V. Sadanandan Asst.
The Reserve Bank of India has cancelled the licence of The Friends' Co-operative Bank Ltd., Mumbai, Maharashtra to carry on banking business in India. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from public and allow withdrawal by cheque, draft, order or otherwise.P.V. Sadanandan Asst.
ଅପ୍ରେଲ 04, 2001
Liquidity Facilities to Co-operative Banks
In the wake of the recent events that have affected a few urban co-operative banks in Gujarat, it had been reported that some co-operative banks may face liquidity problems in their day-to-day operations. To obviate any such difficulty, the Reserve Bank had already advised all concerned that these banks may approach public sector banks and also primary dealers for repos facilities against eligible government securities held by them. In case the co-operative banks are
In the wake of the recent events that have affected a few urban co-operative banks in Gujarat, it had been reported that some co-operative banks may face liquidity problems in their day-to-day operations. To obviate any such difficulty, the Reserve Bank had already advised all concerned that these banks may approach public sector banks and also primary dealers for repos facilities against eligible government securities held by them. In case the co-operative banks are
ମାର୍ଚ୍ଚ 29, 2001
All Primary Urban Cooperative Banks will close their Annual Accounts on April 1 , 2001
The Reserve Bank of India has advised all primary cooperative banks that they should close their annual accounts for the year ending March 31, 2001 on April 1, 2001. As such, primary urban cooperative banks will function normally on April 3, 2001 in those states where April 2, 2001 has been declared a holiday under the Negotiable Instrument Act,1881 on account of Ram Navami. In other states, the normal working day for these banks will be April 2, 2001. In other words,
The Reserve Bank of India has advised all primary cooperative banks that they should close their annual accounts for the year ending March 31, 2001 on April 1, 2001. As such, primary urban cooperative banks will function normally on April 3, 2001 in those states where April 2, 2001 has been declared a holiday under the Negotiable Instrument Act,1881 on account of Ram Navami. In other states, the normal working day for these banks will be April 2, 2001. In other words,
ମାର୍ଚ୍ଚ 23, 2001
RBI rejects licence application of The Kurnool Urban Co-operative Credit Bank Ltd.
The Reserve Bank of India has rejected the licence application of The Kurnool Urban Co-operative Credit Bank Ltd., (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L
The Reserve Bank of India has rejected the licence application of The Kurnool Urban Co-operative Credit Bank Ltd., (Andhra Pradesh) to carry on banking business. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L
ମାର୍ଚ୍ଚ 20, 2001
RBI rejects the licence application of The Co-operative Bank Ltd.
The Reserve Bank of India has rejected the licence application of The Co-operative Bank Ltd., Chodavaram, Andhra Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L.
The Reserve Bank of India has rejected the licence application of The Co-operative Bank Ltd., Chodavaram, Andhra Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L.
ମାର୍ଚ୍ଚ 16, 2001
RBI rejects the licence application of The Pranabananda Co-operative Bank Ltd.
The Reserve Bank of India has rejected the licence application of The Pranabananda Co-operative Bank Ltd., Burdwan, West Bengal to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise
The Reserve Bank of India has rejected the licence application of The Pranabananda Co-operative Bank Ltd., Burdwan, West Bengal to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise
ଫେବୃଆରୀ 14, 2001
RBI cancels licence of The Mira Bhayandar Co-operative Bank Ltd., Bhayandar, (Maharashtra) to carry on banking business
The Reserve Bank of India has cancelled the licence granted to the Mira Bhayandar Co-operative Bank Ltd., Bhayandar, (Maharashtra) to carry on banking business in India. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwi
The Reserve Bank of India has cancelled the licence granted to the Mira Bhayandar Co-operative Bank Ltd., Bhayandar, (Maharashtra) to carry on banking business in India. The bank is precluded from transacting the business of `banking' as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies), and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwi
ନଭେମ୍ବର 08, 2000
RBI cancels licence of The Nagrik Co-operative Commercial Bank Maryadit
The Reserve Bank of India has cancelled the licence of The Nagrik Co-operative Commercial Bank Maryadit, Bilaspur, Madhya Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherw
The Reserve Bank of India has cancelled the licence of The Nagrik Co-operative Commercial Bank Maryadit, Bilaspur, Madhya Pradesh to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherw
ଅକ୍ଟୋବର 18, 2000
RBI cancels licence of The Prathamik Shikshak Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Prathamik Shikshak Sahakari Bank Ltd., Nasik (Maharashtra) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L. Rao
The Reserve Bank of India has cancelled the licence of The Prathamik Shikshak Sahakari Bank Ltd., Nasik (Maharashtra) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L. Rao
ଅକ୍ଟୋବର 05, 2000
RBI cancels licence of The Jyothirlinga Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of The Jyothirlinga Sahakari Bank Ltd., Jalageri, Dist. Bijapur (Karnataka) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise
The Reserve Bank of India has cancelled the licence of The Jyothirlinga Sahakari Bank Ltd., Jalageri, Dist. Bijapur (Karnataka) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise
ସେପ୍ଟେମ୍ବର 29, 2000
RBI cancels licence granted to The Latur Peoples Co-operative Bank Ltd.
The Reserve Bank of India has cancelled the licence granted to The Latur Peoples Co-operative Bank Ltd., Latur (Maharashtra) to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L. R
The Reserve Bank of India has cancelled the licence granted to The Latur Peoples Co-operative Bank Ltd., Latur (Maharashtra) to carry on banking business in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (As applicable to Co-operative Societies) and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.N.L. R
ସେପ୍ଟେମ୍ବର 19, 2000
RBI cancels licence of Federal Co-operative Bank Ltd.
The Reserve Bank of India has cancelled the licence of Federal Co-operative Bank Ltd., Ghatampur, District Kanpur (Uttar Pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwi
The Reserve Bank of India has cancelled the licence of Federal Co-operative Bank Ltd., Ghatampur, District Kanpur (Uttar Pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwi
ଅଗଷ୍ଟ 24, 2000
RBI cancels licence of Shree Veraval Vibhagiya Nagrik Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of Shree Veraval Vibhagiya Nagrik Sahakari Bank Ltd., Veraval, Dist. Junagadh (Gujarat) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order
The Reserve Bank of India has cancelled the licence of Shree Veraval Vibhagiya Nagrik Sahakari Bank Ltd., Veraval, Dist. Junagadh (Gujarat) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order
ଅଗଷ୍ଟ 07, 2000
RBI cancels licence of The Bhagyanagar Co-operative Urban Bank Ltd., Hyderabad (Andhra Pradesh)
The Reserve Bank of India has cancelled the licence of The Bhagyanagar Co-operative Urban Bank Ltd., Hyderabad (Andhra pradesh) to carry on banking busines. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadan
The Reserve Bank of India has cancelled the licence of The Bhagyanagar Co-operative Urban Bank Ltd., Hyderabad (Andhra pradesh) to carry on banking busines. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). and it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise.P.V. Sadan
ଜୁଲାଇ 19, 2000
RBI cancels licence of Sri Laxmi Mahila Co-operative Urban Bank Ltd.
The Reserve Bank of India has cancelled the licence of Sri Laxmi Mahila Co-operative Urban Bank Ltd., Nacharam, , Hyderabad (Andhra pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order
The Reserve Bank of India has cancelled the licence of Sri Laxmi Mahila Co-operative Urban Bank Ltd., Nacharam, , Hyderabad (Andhra pradesh) to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order
ଜୁନ 16, 2000
RBI cancels licence of the Indira Sahakari Bank Ltd.
The Reserve Bank of India has cancelled the licence of the Indira Sahakari Bank Ltd., Aurangabad, Maharashtra to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise. P. V. Sadan
The Reserve Bank of India has cancelled the licence of the Indira Sahakari Bank Ltd., Aurangabad, Maharashtra to carry on banking busines in India. The bank is precluded from transacting the business of banking as defined in the Banking Regulation Act, 1949 (as applicable to Co-operative Societies). Thus, it will not be in order for it, among other things, to accept deposits from the public and allow withdrawals by cheque, draft, order or otherwise. P. V. Sadan
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ପେଜ୍ ଅନ୍ତିମ ଅପଡେଟ୍ ହୋଇଛି: ଅଗଷ୍ଟ 16, 2024
